1502 E Chester St

Jackson, TN 38301

$352,000
Price
—
Beds
—
Baths
1,120 Sq. Ft.
$314 / Sq. Ft.
1,120
Sq. Ft.
$314
per Sq. Ft.
Pending
Pending
a front view of a house with a garden

Description

Rare investment opportunity in the heart of West Tennessee -a fully occupied, cash-flowing 5-property rental portfolio sold as one package and cannot be separated. This stabilized portfolio features long-term tenants (2-7 years), consistent payment history, and dependable income with no vacancies. The package produces $54,925 in annual rent, with only taxes ($2,500/year) and insurance ($3,000/year) as primary expenses yielding a strong $49,425 NOI and an impressive 14.05% cap rate at list price....Rare investment opportunity in the heart of West Tennessee -a fully occupied, cash-flowing 5-property rental portfolio sold as one package and cannot be separated. This stabilized portfolio features long-term tenants (2-7 years), consistent payment history, and dependable income with no vacancies. The package produces $54,925 in annual rent, with only taxes ($2,500/year) and insurance ($3,000/year) as primary expenses yielding a strong $49,425 NOI and an impressive 14.05% cap rate at list price. All properties are single-family homes located within established neighborhoods, each with noted updates, functioning mechanical systems, and solid rental demand. Addresses include: 158 Cartmell St, 306 Cottonwood St., 1502 E Chester, 254 Linden, 3068 W Jackson St. A full income schedule, tax breakdown, and property notes are available upon request. This is an excellent fit for investors seeking immediate cash flow, minimal turnover risk, and scalable long-term growth. Portfolio must be purchased as a whole - no exceptions.
  1. Listed by Julie Holt • Brokerage DRE #266047 • Blue Suede Realty
    P: (731)-693-1943 C: (731)-693-1943 julieholtsoldit@gmail.com

Property Details for 1502 East Chester Street

Subdivision Name
None
LISTING UPDATED: 12/11/2025 04:16 PM

Property Details for 1502 East Chester Street

StatusPending
MLS #2505677
Days on Market8
Taxes$391 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1941
Lot Size0.28 AC / 12,196 SF
CountyMadison County

Location

Listing Courtesy of Blue Suede Realty
Add your commute

Building Information for 1502 East Chester Street

Stories1Residences3Year Built1941Building Size-Lot Size0.28 AC / 12,196 SF

Payment Calculator

$1,772 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,739

Property Taxes

$33

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1502 East Chester Street

Summary
Location and General Information
  • Latitude: 35.611321
  • Longitude: -88.790587
  • View: No
  • Zoning Description: Residential
Taxes and HOA
  • Association: No
  • Association Fee: $0
  • Tax Annual Amount: $391
School Information
  • District High School: Jackson Madison Consolidated District
  • Elementary School District: Jackson Madison Consolidated District
Parking
  • Garage: No
  • Parking Features: No Garage, Open, Parking Pad
  • Parking Total: 2.0
  • Attached Garage: No
  • Carport: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
Property
Lot Information
  • Lot Size Dimensions: 50X126
  • Lot Size Square Feet: 12196.8
  • Lot Size Acres: 0.28
  • Building Area Total: 1440.0
  • Lot Size Area: 0.28
  • Lot Size Units: Acres
  • Living Area: 1120.0
  • Living Area Source: Assessor
Property and Assessments
  • Parcel Number: 087C H 025.00
  • Property Type: Residential Income
  • Year Built: 1941
  • Property Sub Type: Multi Family
  • Home Warranty: No
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
  • Electric: True
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Basement: No
  • Stories Total: 1
  • Patio And Porch Features: Covered, Front Porch
  • Pool Private: No
Interior Features
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Foundation Details: Concrete Perimeter
  • Heating: Central, Electric
  • Heating: Yes
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling: Yes
  • Flooring: Carpet, Linoleum
  • Interior Features: Ceiling Fan(s), Laminate Counters
  • Levels: One
  • Spa: No
Multi Family
Multi Family Information
  • Number Of Units Total: 3
Multi-Family Information
  • Units Furnished: None
Rental
Rental Information
  • Lease Considered: No

Property History for 1502 East Chester Street

DateEvent & SourcePriceAppreciation
Dec 11, 2025

Contract Signed

CWTAOR #2505677

—
Dec 3, 2025

Listed (Active)

CWTAOR #2505677

$352,000—
Feb 28, 2023

Permanently Off Market

REALTRACS #2474808

$77,800—
Sep 2, 2022

Permanently Off Market

CWTAOR #224209

—
Sep 2, 2022

Listed (Active)

CWTAOR #224209

$82,000—
Sep 2, 2022

Listed (Active)

REALTRACS #2474808

$77,800—
Dec 23, 2020

Sold (Public Record)

Public Record #688226372

$27,500

+560.3% / yr

Dec 23, 2020

Sold

CWTAOR #204983

$27,500—
Dec 10, 2020

Contract Signed

CWTAOR #204983

—
Dec 9, 2020

Listed (Active)

CWTAOR #204983

$29,900—
Sep 16, 2019

Sold (Public Record)

Public Record #662485092

$2,500

-9.6% / yr

Jan 14, 2011

Sold (Public Record)

Public Record #302468680

$6,000—
DateEvent & SourcePrice
12/11/2025

Contract Signed

CWTAOR #2505677

—
12/03/2025

Listed (Active)

CWTAOR #2505677

$352,000
02/28/2023

Permanently Off Market

REALTRACS #2474808

$77,800
09/02/2022

Permanently Off Market

CWTAOR #224209

—
09/02/2022

Listed (Active)

CWTAOR #224209

$82,000
09/02/2022

Listed (Active)

REALTRACS #2474808

$77,800
12/23/2020

Sold (Public Record)

Public Record #688226372

$27,500

+560.3% / yr

12/23/2020

Sold

CWTAOR #204983

$27,500
12/10/2020

Contract Signed

CWTAOR #204983

—
12/09/2020

Listed (Active)

CWTAOR #204983

$29,900
09/16/2019

Sold (Public Record)

Public Record #662485092

$2,500

-9.6% / yr

01/14/2011

Sold (Public Record)

Public Record #302468680

$6,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1502 East Chester Street

Taxable ValueLand$1,550Additions$9,675Total$11,225
Home Facts
Beds0Total Finished SqFt1,120 SqFtAbove Grade Finished SqFt1,120 SqFtStories1Lot Size10,800 SqFtStyleSingle Family ResidenceYear Built1941CountyMADISONAPN087C H 02500Fireplace TypeHas Fireplace

Schools near 1502 East Chester Street

This home is within Madison County School District.
Rating
School
Type
Grades
Distance
Isaac Lane Technology Magnet Elementary School
Public - PK to 3
Jackson Careers Technology Magnet Elementary
Public - 4 to 8
Liberty Technology Magnet High School
Public - 9 to 12
Parkview Learning Center
Public - K to 12
Rating
School
Distance
Isaac Lane Technology Magnet Elementary School
PublicPK to 3

Jackson Careers Technology Magnet Elementary
Public4 to 8

Liberty Technology Magnet High School
Public9 to 12

Parkview Learning Center
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Blue Suede Realty

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Services of MAAR and Central West Tennessee Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the MAAR and Central West Tennessee Association of Realtors logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by MAAR and Central West Tennessee Association of Realtors. Listing information Copyright© 2026 MLS of MAAR and Central West Tennessee Association of Realtors, Inc. All Rights Reserved.